The immediate impact of 280E on price multiples of cannabis companies: Part III [1][2] February 27, 2024 Lane Bruns Banking, Finance & Real Estate, Cannabis Investments 0 Comments By Lane Bruns, CEO of ICANIVEST PART III:  Price/Earning Multiple  = Market Cap (equity)/ Earnings (equity) Recall that the removal of 280E means cannabis companies stop paying taxes on gross margins and start paying taxes on net income, effectively reducing… Read More→
Cannabis ETFs Spike on Jazz-GW Pharma Deal February 5, 2021 AggregatedNews Cannabis Investments 0 Comments Cannabis stocks have been the biggest winners to start 2021 buoyed by hopes of wider legalization and near-term decriminalization as well as the growing adoption of marijuana in more states. The recent comments from several prominent politicians regarding cannabis reform… Read More→
What Georgia’s Senate Results Mean for Marijuana Stocks January 7, 2021 AggregatedNews Banking, Finance & Real Estate, Federal 0 Comments All eyes were on the Georgia special Senate run-off elections on Tuesday with the control of the U.S. Senate hanging in the balance. It looks like that control will shift from the GOP to the Democrats. Democratic Senate candidate Rev.… Read More→
A Cannabis Company Is Set To List On NASDAQ For The First Time February 27, 2018 AggregatedNews Banking, Finance & Real Estate 0 Comments A major Canadian licensed weed producer has obtained approval from the Securities and Exchange Commission to begin trading on the NASDAQ — it will be the first marijuana company to be listed on a U.S. stock exchange. Cronos Group, which… Read More→